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31
Equities / Re: KLSE starting to collapse
« Last post by jjwong on Yesterday at 03:05:52 PM »
Outflow continues  :thumbsup:

TODAY FINANCE sectors continue to bleed.
inspite of strong rebound in the first hours of trading, afternoon session  see index giving up most of the gain.
-ve day of outflow again.
32
Free For All / Re: NEW MALAYSIA
« Last post by Teosh on Yesterday at 02:58:37 PM »
 :innocent: before talking bout how to defeat ppl...kasi enemy ketawa, look at ourselves dulu ... high debts, cut down future developments, rely Harapan donations, not stable etc... internal kasi power dulu and be humble don't say nak defeat :giggle: ...yang baik kita mesti belajar yg tak baik kita kasi komen sama-sama advance forward  :handshake: ni jiran baik dekat hanya kekal jalinan dan kemesraan yang kuat utk memupuk suasana harmoni
33
Free For All / Re: NEW MALAYSIA
« Last post by Teosh on Yesterday at 02:45:57 PM »
Lim Guan Eng : Time To Beat Singapore – We Can Beat Singapore At Their Own Game , Penang Has Beaten Singapore Many Times

By thecoverage
Posted on June 19, 2018


It was time Malaysia beat Singapore at its own game and gave the island nation healthy economic competition, Finance Minister Lim Guan Eng said today.

“Talking about this government, we need a can-do spirit. Why talk about Singapore? We can do it, beat Singapore at their own game. Singapore also use many of our people what… isn’t it? Penang has beaten them many times,” said Lim.

The former Penang chief minister also cynically acknowledged the island nation’s forte when it came to marketing.

“They are very good in marketing. (They claim) chicken rice is theirs lah… if we aren’t careful ‘char kuey teow’ also they claim theirs, even though [the] best food is in Penang. Malaysia can be identified by quality.

“We are led by [a] young government, but also by oldest prime minister in the world. That is quality,” Lim said to a ripple of laughter and applause from the audience.
34
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 02:40:54 PM »



1717.9
35
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 02:33:27 PM »



1718.36
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Equities / Re: KLSE starting to collapse
« Last post by Teosh on Yesterday at 01:42:21 PM »
Still in bearish mode, no momentum to goes up even on technical rebound day  :thumbsdown:

Market is still uncertain ... no one darre to kutip FF's selldown ... terbakar nanti  :sweat:
37
Equities / Re: KLSE starting to collapse
« Last post by ORIENT on Yesterday at 01:24:24 PM »
Still in bearish mode, no momentum to goes up even on technical rebound day  :thumbsdown:
38
Free For All / Re: NEW MALAYSIA
« Last post by Teosh on Yesterday at 01:22:00 PM »
Seem that Finance minister still had a lot news update announcements ...  :speechless:

:o now his father stand out to support to announce even tho old friend Mr Anwar who was finance minister from 1991 to 1998 is advising Finance minister to focus regaining investor's confidence.

If you eat rice than the ppl eating salt, would you still go ahead doing what you think is right or to take advice from elderly wiseman? u nak jalan bengkak bengkok or smooth to destination its your choice  :D :D :D
39
Equities / Re: KLSE starting to collapse
« Last post by ORIENT on Yesterday at 01:17:49 PM »
Outflow continues  :thumbsup:
40
Equities / Re: KLSE starting to collapse
« Last post by Teosh on Yesterday at 01:13:43 PM »
Anwar tells Guan Eng
Updated about 20 hours ago · Published on 19 Jun 2018 5:06PM

FINANCE Minister Lim Guan Eng should allow other ministries and government agencies expose scandals, said Anwar Ibrahim.

The Pakatan Harapan de facto leader pointed out that Lim should instead focus on pacifying and instilling confidence in investors.

“At present, ministers are also tasked with exposing deals and misappropriation by the previous administration.

“But Lim can task one or two other ministers and the Malaysian Anti-Corruption Commission (MACC) to talk about the exposes,” Anwar said in an interview with Astro Awani.

Anwar, who was finance minister from 1991 to 1998, said whatever Lim says as finance minister would be used as a reference by investors.

Since appointed as finance minister last month, Lim had been exposing scandals by the previous Barisan Nasional administration.

Last week, Channel News Asia quoted Lim as saying that there was another major financial scandal “related to the finance ministry” when it was helmed by Najib Razak, the former prime minister.

Earlier, he also said ratings agency Moody’s Investors Service did not reveal the true extent of the government’s debt in its report on Malaysia.

Moody’s had reported last week that the recent developments such as the proposed abolishment of the goods and services tax (GST), reintroduction of fuel subsidies and 1Malaysia Development Berhad’s (1MDB) debt level, might adversely affect Malaysia’s credit rating.


Meanwhile, foreign investors have been selling off stocks listed on Bursa Malaysia for a seventh straight week.

Research house MIDF Research reported that the net amount offloaded hit RM1.21 billion last week. – June 19, 2018

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